Coin Prices


News Explorer — Cabrera Pleads Guilty to Wire Fraud, Agrees to Pay $3.6M Restitution and $1.2M Forfeiture

Generated by AI, curated by humans


Apr 26, 5:03 pm
Coindesk

Cabrera Pleads Guilty to Wire Fraud, Agrees to Pay $3.6M Restitution and $1.2M Forfeiture

Esteban Cabrera Da Corte, the leader of a Miami crew charged by the U.S. Department of Justice (DOJ) with defrauding banks in a 2020 cryptocurrency-related scheme, has pleaded guilty. The scheme saw U.S. banks processing more than $4 million in false reversals, while a cryptocurrency exchange lost around $3.5 million in digital assets. Cabrera, a 26-year-old from Miami, Florida, pled guilty to one count of conspiracy to commit wire fraud and has agreed to pay restitution of $3.6 million with an additional forfeiture of $1.2 million.

Latest

Jul 4, 4:46 pm
Decrypt

Ondo Finance Acquires Oasis Pro to Provide US Investors With Access to Tokenized Stocks

Read Summary

Jul 4, 4:12 pm
Decrypt

One of the Biggest Bitcoin Whales in History Just Moved $8 Billion After 14 Years

Read Summary

Jul 4, 10:07 am
Coindesk

Bitcoin Whales Move BTC Worth $2B After 14 Years

Read Summary

Jul 4, 9:55 am
Decrypt

Bitcoin ETF Inflows Top $600M For First Time Since May

Read Summary

Jul 4, 9:03 am
DL News

FTX Estate Unable to Pay Out $500M to Customers in Restricted Jurisdictions

Read Summary

Jul 4, 3:41 am
Decrypt

Detroit Sues Crypto Real Estate Firm for Allegedly Endangering Tenants in Poorly Maintained Properties

Read Summary

Jul 4, 2:01 am
Decrypt

Minna Bank in Japan Teams Up With Fireblocks to Study Stablecoins For Everyday Payments

Read Summary

Jul 4, 12:59 am
Decrypt

House GOP to Push for Clearer Regulations During This Month's Freshly Announced 'Crypto Week'

Read Summary

Jul 3, 10:31 pm
Decrypt

Open Platform Gets $28M in Funding to Push for Mainstream Crypto Adoption

Read Summary

Jul 3, 9:47 pm
Decrypt

Bitcoin Gearing Up for Record Push? Here's What the Charts Say

Read Summary

Jul 3, 9:12 pm
Decrypt

'Unexpected': Grayscale Reacts to SEC Pause on Solana, XRP and Cardano ETF Conversion

Read Summary

Jul 3, 8:54 pm
Coindesk

Ondo Finance, Pantera Look to Back Real-World Asset Projects With $250M Fund

Read Summary

Jul 3, 7:01 pm
Decrypt

Why Bitcoin Could Dive to $90K After Trump's 'Big Beautiful Bill' Passes: Arthur Hayes

Read Summary

Jul 3, 7:04 pm
Decrypt

Ethereum Treasury Firm BitMine Stock Soars, Prompting Trade Halts

Read Summary

Jul 3, 6:25 pm
Decrypt

New Bill Proposes a $300 Tax Exemption for Most Crypto Transactions

Read Summary